22 Ridge StMorgantonGA30560
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Investment property for sale in Morganton at 22 Ridge St, Morganton, GA, 30560 with 5% annual appreciation on a $153,987 basis while $1,201/mo rent supports operations. Total monthly income totals $1,201/mo and a $754/mo payment preserves $264/mo for cash returns. Annual cash flow comes to $3,162/yr on $51,047 deployed, and return on cash invested reaches 26.1% in year one. Equity gained on principal adds $994/yr, and five-year appreciation sums $42,544 alongside rental yield of 9.36%. Five-year ROI measures 135.99% and total cumulative return in cash totals $69,418.
Investors can finance this property with Ziffy Mortgage’s DSCR loan that underwrites to $1,201/mo property income versus a $754/mo payment rather than your W2s, Paystubs, Tax returns, or 1099 forms.
Single Family
Built in N/A
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 30560, Morganton, GA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 3,928 (100%) |
| Owner Occupied HU | 2,086 (53.1%) |
| Renter Occupied HU | 342 ( 8.7%) |
| Vacant Housing Units | 1,500 (38.2%) |
| Median Home Value | $397,806 |
| Average Home Value | $451,924 |
Housing Distribution
Address Breakdown
Residential
2,752
Single Family
2,752
Multi-Family
0
Businesses
92
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
